House for sale in Oxford, Abingdon Road, OX1 : Oxford : OXF230059

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11 bedroom house, Abingdon Road, Oxford OX1 - Available

Abingdon Road, Oxford OX1

11 Bedroom | Freehold | Secondary Accomodation

Offers in excess of £2,000,000

Oxford 1.5 miles

Radley 3.5 miles

Police Station (Stop P1) 0.9 miles

AN INVESTMENT OPPORTUNITY A prime mixed use investment opportunity situated on one of the main routes into central Oxford comprising a retail showroom with extensive forecourt parking and workshop, two houses and two flats.

Description
A residential/commercial investment opportunity situated approximately a mile from the city centre which is made up of a car showroom with ancillary rear yard and workshop, as well as four residential properties consisting of two first-floor flats and two three-bedroom houses.

Additionally there is plenty of parking for both the commercial and residential elements.

Location

The property is located on Abingdon Road, the main southern route into the city of Oxford. It is
approximately a mile from city centre and is supported by a major bus route, on which the Redbridge Park and Ride has regular services.
The property falls into the Oxford 012B Neighbourhood and is within Hinksey Park ward and Oxford local authority district.

The Abingdon Road runs to the southern bypass and thereafter the A34. The Property is approximately 1.7 miles from the Oxford Train Station, which provides regular service to London, Birmingham and the South West.

The accommdation is arranged as follows:

294 Abingdon Road - A three bedroom end terraced house
296 Abingdon Road - A three bedroom mid terraced house
298 Abingdon Road - A two bedroom first floor flat located over the car showroom
300 Abingdon Road - A car showroom fronting Abingdon Road and Northampton Road with workshop and rear yard
300A Abingdon Road - A two bedroom first floor flat located over the car showroom.

Additionally there is plenty of parking for both the commercial and residential elements.

Additional information.

The residential properties are let on Assured Shorthold Tenancies.

The lease has expired on the retail showroom and workshop and the current tenant is holding over at a reduced rent.

The propeties are held under 4 separate titles.

EPC's

300 Abingdon Road, Oxford, OX1 4TE 2nd March 2025 E - 118
300a Abingdon Road, Oxford, OX1 4TE (Top-floor flat) 11th April 2028 D - 67
298 Abingdon Road, Oxford, OX1 4TE (Top-floor flat) 8th April 2028 D - 64
296, Abingdon Road, Oxford, OX1 4TE 9th May 2023 E - 52
294 Abingdon Road, Oxford, OX1 4TE 8th April 2028 D - 63

Business rates - Rateable Value

300 Abingdon Road - £43,000 per annum

Council tax bands - residential properties

294 ABINGDON ROAD - D
296 ABINGDON ROAD - C
298 ABINGDON ROAD - B
300A ABINGDON ROAD - C

Flood Zone 3

The next steps...

Establish funds

How will you fund the purchase?

Before making an offer on a property you will want to consider your financial situation, your income and outgoings.

Will you finance the purchase of your next property from the sale of an existing property which can put you in a chain, arrange a mortgage through your bank or buy the property outright.

To help you finance your next property purchase, we have a long established relationship with an independent mortgage broker who can discuss your situation with you.

Remember that having a 'mortgage decision in principle' can make you a more attractive buyer when you make an offer on a property. Contact our mortgage advisers for free, no obligation and impartial advice.

Some advantages of a broker are:

They do all the legwork for you, working on your behalf with the lender
They compare wholesale mortgage rates from a large number of banks and lenders all at once
Their wholesale interest rates can be lower than retail (bank branch) interest rates
They offer more loan options because they work with numerous banks and lenders
They can finance tricky deals because of their knowledge and various lending partners
They are typically easier to get in contact with, and are less bureaucratic.

However advantages of working with your bank are:

You may be able to build off an existing relationship (and gain discounts if you have a checking or savings account)
You may already know the banker who will handle your mortgage
Banks may be more accountable than a smaller shop
They may offer lower interest rates in some cases
Their ability to add mortgage to existing banking profile and make automatic payments from linked account.

Making an offer

with Carter Jonas.

When you see a property you are interested in on our website, call us 24/7 to arrange a viewing. Or if you prefer, get in touch via our website and we will call you back to find a time to view the property that suits you.

Once you’ve found a property you want to buy, it’s time to make an offer. A bit of negotiation is to be expected, however don't offer so little that you end up in a lengthy negotiation process, as you might lose the property altogether if someone else makes a higher bid.

If other offers have been made on a property we aren't legally able to tell you what they are, but we may indicate if they were close to the asking price.

Need to sell a property

or thinking of letting?

If you have a property to sell, why not see how we can help you.

Or if you’re considering letting your property, we can take the stress out of managing your rental, and our award winning lettings team offer a service that can be tailored to your needs.

Combined with nearly 170 years of experience and one of the highest customer satisfaction scores in the industry, Carter Jonas is the perfect property partner.

Why not book a free, no obligation valuation of your property and find out how Carter Jonas can help you make your next move.